FEATURED ARTICLES ABOUT SINGAPORE - PAGE 3

Immigration rules are getting tougher and overseas jobs difficult to find. While that may be the message from many Western countries, there's some good news nearer home. Singapore remains an attractive hub for Indian professionals. With the economy growing in double digit quarter on quarter, the need for skilled workers persists. The financial services and banking sectors in Singapore are emerging as the most important global destinations for highly skilled talent from India.

New campuses in London and Singapore increase Amity University's global stronghold. This academic house has done it again -- taken the Indian system of business management and conquered the world, says Debasish Roy. Universities and their students are the best ambassadors of a country. Amity's presence in London and Singapore will have a cultural effect for Indianness The first Indian manufacturing company, which became a multinational in its internal culture , was ITC Limited.

NEW DELHI: Mahindra & Mahindra group Vice- Chairman and Managing Director Anand Mahindra has joined the International Advisory Council of Singapore, a body in which Ratan Tata has also been a member in the past. A part of the Economic Development Board (EDB) of Singapore, the International Advisory Council (IAC) was set up in January 1995 to advise the EDB on its international and regional strategies. Commenting on his joining of IAC, Mahindra told PTI: "I believe my nomination to the council is an indication of Singapore's growing focus on India as a partner in its growth and economic development.

SINGAPORE: The demand for foreign workers is projected to increase significantly in Singapore by 2030 with the rise coming primarily from the health, household and construction sectors. The National Population and Talent Division (NPTD) of the Prime Minister's Office said today that demand for foreign domestic workers or maids would increase to 300,000 by 2030 from 198,000 in 2011. It said the demand will be due to the expected rise in the number of resident households and the number of households where both spouses would be working.

SINGAPORE: Indian IT major Infosys plans to add 600 employees to its Singapore operations to take advantage of the shift in investments from the United States and Europe to Asia, a newspaper reported on Thursday. Infosys, which currently has a headcount of 650 here, will also build a research and development lab in Singapore over the next six months, the first outside India , according to the report. "A significant amount of investments will be diverted to Asia and Singapore as there is no growth in the US and Europe," Infosys Director Ashok Vemuri was quoted as saying.

SINGAPORE: Singapore's United Overseas Bank (UOB) said Tuesday it will partner with state-linked investment firm Temasek Holdings to provide up to $500 million in venture debt financing to start-ups in China, India and Southeast Asia. The partnership will lend to "high-growth, innovative start-up companies in sectors such as technology, consumer, healthcare and clean technology" over the next five years, UOB said in a statement. Venture debt is a type of financing for start-up firms which may not yet have the cash flow or assets to use as collateral for loans.

NEW DELHI: Bharti Airtel on Monday announced the launch of its calling card services in Singapore as it seeks to target tens of thousands of NRIs in this country. Bharti will next launch these services in Canada. Currently, the company provides this service in the United States and the United Kingdom, where its offerings are 15-30% cheaper than the prevailing call rates there. Calling cards services will enable Indians and NRIs to make calls back to their country ?

NEW DELHI: IT services firm Nucleus Software Exports today said it has shut down its step-down subsidiary in Singapore as part of its "rationalisation" efforts. "In order to rationalise operations, the company has closed down its step down subsidiary -- VirStra i-Technology (Singapore) Pte Ltd -- with effect from February 19, 2014," Nucleus said in a statement. The name of the subsidiary has been struck off and published in the final gazette notification issued by Accounting and Corporate Regulatory Authority , Singapore, it added.

SINGAPORE: State Bank of India (SBI) and ICICI Bank, the two largest lenders, said they are seeking a Singapore license allowing them to offer services from 25 premises, including branches and automated teller machines. The SBI submitted an application to the Monetary Authority of Singapore two months ago, said Praveen Malhotra, who heads the lender's Singapore operation. ICICI Bank also submitted an application, said Suvek Nambiar, the bank's chief executive officer in Singapore.